Loaiza joins Zito, Harden, Haren and Blanton in rotation
OAKLAND, Calif. -- The Oakland Athletics and free-agent right-hander Esteban Loaiza agreed Monday to a three-year contract worth $21,375,000, adding an experienced pitcher to a starting rotation that already includes Barry Zito and Rich Harden.
The deal includes a 2009 club option on Loaiza, a 12-game winner with the Washington Nationals last season. His victories total was the second-best in the 33-year-old Loaiza's 11-year major league career -- he won 21 games for the Chicago White Sox in 2003.
Loaiza joins a team that has almost its entire roster returning from last season, when the A's failed to reach the playoffs for the second straight year. Oakland had a 91-win season in 2004 and 88 victories this year.
After a slow start by its young rotation, Oakland pitched well down the stretch thanks to impressive performances by rookie Joe Blanton and Danny Haren, a 14-game winner in his first full season as a starter.
Loaiza was 12-10 with a 3.77 ERA in 34 starts last season, striking out 173 and walking 55 batters in 217 innings. A two-time All-Star, he bounced back from a 1-4 start this year to go 11-6 with a 3.86 ERA in his 23 outings after June 1.
Loaiza's deal includes a $3 million signing bonus with a spread-out payment schedule and yearly salaries of $5 million, $6 million and $7 million. The A's have a $7.5 million option for 2009 with a $375,000 buyout.
Manager Ken Macha, who parted ways with the team briefly after the season before signing a new deal, was pleased with how well Oakland performed with such a young roster. The A's also dealt with injuries to shortstop Bobby Crosby and No. 2 starter Harden, who took on a greater role after the team traded Tim Hudson and Mark Mulder during a three-day span last December.
Loaiza has a 112-99 career record and a 4.60 ERA in 334 games, 297 starts. His 112 wins are second most in major league history by a Mexican-born pitcher to Fernando Valenzuela's 173.
Loaiza joins his seventh team after breaking into the big leagues with Pittsburgh in 1995. He also played for Texas, Toronto, the White Sox, the New York Yankees and Washington.